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Kano: PHCN Generates N1.2bn in One Month

04 Oct 2012

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Power installation

Ibrahim Shuaibu 

Kano Electricity Distribution Company, a subsidiary  of Power Holding Company of Nigeria (PHCN),  has generated  the sum of N1.2bn   for the month of   September 2012.
 
Managing Director and Chief Executive Officer of   PHCN in Kano distribution zone, Alhaji Mohammed Tunde Balogun told reporters   that the distribution company covers Kano, Jigawa and Katsina states with  a registered customer population of about 500,000 including industrial, commercial and residential customers.

According to him, the PHCN has eleven distribution companies  in  Kano, Kaduna, Jos, Yola and Abuja areas.

He explained  that “apart from Abuja Distribution Company with headquarters in the FCT, Kano is the first distribution company to record  N1 billion revenue.


The Kano distribution zone  before   had an average monthly internally generated revenue of  a little above N400 million.

Alhaji Balogun said," I set sail to block the leakages in the marketing system which include non-technical losses, heavy customer’s indebtedness and energy theft”.

The Managing Director also told reporters that the secret behind the benchmark collection includes increased generation of the electricity in the country and   good customers care strategies.

He   thanked   members of staff of the company who worked tirelessly towards improved revenue collection. He however  warned against complacency, assuring that the company will continue to ensure the improved of their welfares.

Tags: Business, Featured, Kano State, PHCN

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